Key Notes:
- U.S. importers should review their HTSUS classifications to be ready for anticipated changes in 2022.
- The changes may be effective as early as January 1, 2022, although the exact implementation date has not been published yet.
In April 2021, following the World Customs Organization's (WCO) recommendation of changes to the global Harmonized System (HS), the U.S. International Trade Commission submitted to the president Recommended Modifications to the Harmonized Tariff Schedule, 2021. The Recommended Modifications would primarily update the HTSUS to conform to amendments to the HS adopted by the WCO in its recommendation of June 28, 2019, which are scheduled to enter into force on January 1, 2022.
View this full client update in HTML or PDF format.
Related Posts
- U.S. Freight Rail Coupler Industry Files Trade Remedy Petitions Against Imports from China
- Treasury Department Issues Updated Advisory on Ransomware Payments
- Commerce Issues New Trade Remedy Regulations for Antidumping and Countervailing Duty Laws
- OFAC and Online Money Transmitter Enter Settlement Agreement for Apparent Violations of U.S. Sanctions
- U.S. and EU Announce Cooperative Framework to Settle Longstanding WTO Large Civil Aircraft Dispute
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.